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Technology Stocks : Lucent Technologies (LU)

LU 2.430

-5.1%

Nov 19 3:59 PM EST

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To: Zoltan! who wrote (12040)	1/5/2000 1:48:00 PM
From: Chuzzlewit	Read Replies (2) of 21876

Zoltan!, Both QCOM and CSCO have three characteristics in common. Both are poised for very nice growth over the next decade, both are profitable, and both are obscenely priced. Value Line's timeliness ranking has a strong price-momentum component in its algorithm, so it is not surprising that stocks like QCOM and CSCO appear on their #1 timeliness lists. I take Doll's comments to mean that CSCO's market price defies any rational valuation, not an endorsement of its current price. TTFN, CTC

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